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University assured supply of gas
DT pftotoa by SMv* Sullivan
By Ralph Sanchez
Staff Writer
While everybody in California is worrying about waiting in odd-even gas lines, the university is receiving its own monthly supply of gasoline to fuel its vehicles.
The Union Oil Company of California supplies the university with 4,000 gallons of gasoline a month. This gas allotment is used to run the service and delivery trucks in the university and the trams that travel from campus to the Row and parking lots.
Sam Lee, supervisor of transportation services for the Physical Plant, said the university has its own "gas station of sorts" that fuels the trams and trucks. The current supply of 4,000 gallons is not as large as the 5,000 gallons the university received before the present oil crisis.
Despite the reduced allotment, Lee saw no problems yet with keeping the trams running, Lee said. "We're still okay," he said.
If the gas situation were to get tighter, however, Lee said the trams would be the last service to be cut back. Fuel for service and delivery trucks would be rationed first.
Greg LeBranch, a spokesman for the Union Oil Company, said the university is one of 2,217 customers that pay for a monthly supply service. Supplying the university is no different than supplying independent gas stations.
The allotment to the university was cut back on a percentage basis because of the overall shortage Union Oil is experiencing, LeBranch said.
Should the oil situation get worse LeBranch feels the university would still be supplied with gas since it is a "traditional customer."
"A traditional customer always gets its allocation," LeBranch said. The university's status does not exempt it from reduced allotments. "Even a traditional customer will have their allotments cut on a percentage basis," LeBranch said.
Union Oil is not the sole supplier of gasoline for universities, LeBranch added.
He said he was aware of USC as the only univesity that they had a contract with.
"But I'm pretty sure UCLA and the other schools go to other oil companies for their physical plants," LeBranch said.
The manager of the central garage at UCLA said Chevron Oil U.S.A., Inc. supplies their gas. They have also had their allotments cut back. However, UCLA's monthly supply varies from month to month. They usually receive about 19,000 gallons a month.
Not all of the university's vehicles need gasoline. The small maintenance vehicles resembling golf carts run on electricity.
Program rekindles fond ‘Oz’ memories
NO SHORTAGE HERE—Reduced gasoline allotment for the university’s vehicles has not resulted in a curtailment of tram service for students traveling from campus to the Row and parking lots.
Utilities to be paid by students; rent to go up
By Bob Conti
Staff Writer
Residence hall rents wall increase an average of 10% in order to keep up with increased construction, labor, utilities and food costs, university officials said.
Guy Hubbard, executive director of auxiliary services, said the major costs for the university are the new apartment buildings being developed north of campus.
The total cost for Cardinal Gardens, Troy Hall, Century, Founders, Severance and Portland North apartment buildings is $18.6 million, according to figures released by the Office of Business Affairs. The Portland North complex is currently under construction.
While rents will increase, it will not be as much of an increase as first estimated. Figures developed by the Department of Water and Power showed that it would be more economical if electricity was not included in the rent paid to the university.
As a result, a one-bedroom apartment will receive $9 and a two-bedroom apartment will receive $6 off the original rental price for the coming school year.
A double room in a residence hall with food service will cost $1,105
(continued on page 5)
By Chuck Coppola
Staff Writer
In the fall and winter of 1938 it was business as usual at Metro-Goldwyn-Mayer studios in Culver City.
There were agents exploiting their clients, budget problems and a revolving door of directors and actors working on a film none of them thought would be remembered for more than two years.
In those days films were made to have a show life of about two months and then be shelved in the dungeons of the studio.
But one film refused to stay on the shelf. It became an annual television special in the mid-50s, introducing MGM's w’izardry to another generation. Last Saturday, more than 40 years after the film was made, 450 people came from all over the country to the Variety Arts Center to celebrate the making of The Wizard of Oz.
Mervyn LeRoy, maintaining the corporate image of MGM's film factory, seemed a little befuddled that so many people would remember the film.
To him, the Wizard of Oz was one of several films he made.
In one of Hollywood's banner years, 1939, he found it remarkable that The Wizard of Oz was not forgotten under the mountain of other great films from that year.
WTien someone from the audience stood up and proclaimed The Wizard of Oz to be the best film he thought was ever made, LeRoy acknowledged the praise.
"You don't want a job do you?," he asked.
LeRoy also said despite the unique special effects used in The Wizard of Oz, the script adapted from Frank Baum's book really "made the picture what it was." Despite a failing memory he recalled several problems during its production.
"We couldn't even get the yellow brick road the right color! They'd give us blue and green. Finally I just told them to go to the drug store and buy a can of cheap, yellow fence paint," LeRoy said.
However diabolical flying monkeys, tornado-swept farmhouses or thrown fireballs looked on the screen, one of LeRoy's special effects almost destroyed the wicked witch in the traditional way
Endowment returns follow trend
By Brandon Bailey
Staff Writer
Total returns on university endowments have decreased in the last two years, following a decreasing trend among universities nationwide and in national stock and bond markets.
While the university's total return for fiscal 1977 was twice the national average for educational institutions, it dropped back in line w'ith the average for fiscal 1978.
The university's total return on invested endowment funds was 10.8% in fiscal 1977, but dropped
to 2% in fiscal 1978.
However, the "total return" is only an indicator of investment performance that does not necessarily affect actual income, said Peter Cheung, assistant university treasurer.
The "total return" indicates the realized investment income and the appreciation or depreciation of investment holdings. The appreciation or depreciation is not a realized gain or loss unless the investment is sold.
Income from investing the university's endowment will contribute slightly over 1% to
next year's operating budget. This contribution of $1.56 million is predicted to remain the same in the university's five-year budget forecast, based on past records.
A study by the National Association of College and University Business Officers (NACUBO) shows the average total return for endowment funds operated by 144 institutions was 2.49% in fiscal 1978. The study showed the average total return for fiscal 1977 to be 5.07%.
Generally, the decreasing
(cotitinutd on page 5)
witches are destroyed.
At the end of the "Ding-dong-the-witch-is-dead" sequence, Margaret Hamilton, who played the witch, was supposed to stand on a mark on the stage that was the top of an elevator and would drop below' the stage when the witch "disappeared."
"Well I got on the mark and the smoke and fire came shooting up from the stage and I dropped quickly (below the stage)." *
But on the descent, she felt "a great deal of heat."
As it turned out, her hat and broom had caught fire and the hat began melting some of her makeup into her skin.
(continued on page 2)
trojan
University of Southern California Tuesday, May 15, 1979
Volume LXXV1,Number 60

University assured supply of gas
DT pftotoa by SMv* Sullivan
By Ralph Sanchez
Staff Writer
While everybody in California is worrying about waiting in odd-even gas lines, the university is receiving its own monthly supply of gasoline to fuel its vehicles.
The Union Oil Company of California supplies the university with 4,000 gallons of gasoline a month. This gas allotment is used to run the service and delivery trucks in the university and the trams that travel from campus to the Row and parking lots.
Sam Lee, supervisor of transportation services for the Physical Plant, said the university has its own "gas station of sorts" that fuels the trams and trucks. The current supply of 4,000 gallons is not as large as the 5,000 gallons the university received before the present oil crisis.
Despite the reduced allotment, Lee saw no problems yet with keeping the trams running, Lee said. "We're still okay," he said.
If the gas situation were to get tighter, however, Lee said the trams would be the last service to be cut back. Fuel for service and delivery trucks would be rationed first.
Greg LeBranch, a spokesman for the Union Oil Company, said the university is one of 2,217 customers that pay for a monthly supply service. Supplying the university is no different than supplying independent gas stations.
The allotment to the university was cut back on a percentage basis because of the overall shortage Union Oil is experiencing, LeBranch said.
Should the oil situation get worse LeBranch feels the university would still be supplied with gas since it is a "traditional customer."
"A traditional customer always gets its allocation," LeBranch said. The university's status does not exempt it from reduced allotments. "Even a traditional customer will have their allotments cut on a percentage basis," LeBranch said.
Union Oil is not the sole supplier of gasoline for universities, LeBranch added.
He said he was aware of USC as the only univesity that they had a contract with.
"But I'm pretty sure UCLA and the other schools go to other oil companies for their physical plants," LeBranch said.
The manager of the central garage at UCLA said Chevron Oil U.S.A., Inc. supplies their gas. They have also had their allotments cut back. However, UCLA's monthly supply varies from month to month. They usually receive about 19,000 gallons a month.
Not all of the university's vehicles need gasoline. The small maintenance vehicles resembling golf carts run on electricity.
Program rekindles fond ‘Oz’ memories
NO SHORTAGE HERE—Reduced gasoline allotment for the university’s vehicles has not resulted in a curtailment of tram service for students traveling from campus to the Row and parking lots.
Utilities to be paid by students; rent to go up
By Bob Conti
Staff Writer
Residence hall rents wall increase an average of 10% in order to keep up with increased construction, labor, utilities and food costs, university officials said.
Guy Hubbard, executive director of auxiliary services, said the major costs for the university are the new apartment buildings being developed north of campus.
The total cost for Cardinal Gardens, Troy Hall, Century, Founders, Severance and Portland North apartment buildings is $18.6 million, according to figures released by the Office of Business Affairs. The Portland North complex is currently under construction.
While rents will increase, it will not be as much of an increase as first estimated. Figures developed by the Department of Water and Power showed that it would be more economical if electricity was not included in the rent paid to the university.
As a result, a one-bedroom apartment will receive $9 and a two-bedroom apartment will receive $6 off the original rental price for the coming school year.
A double room in a residence hall with food service will cost $1,105
(continued on page 5)
By Chuck Coppola
Staff Writer
In the fall and winter of 1938 it was business as usual at Metro-Goldwyn-Mayer studios in Culver City.
There were agents exploiting their clients, budget problems and a revolving door of directors and actors working on a film none of them thought would be remembered for more than two years.
In those days films were made to have a show life of about two months and then be shelved in the dungeons of the studio.
But one film refused to stay on the shelf. It became an annual television special in the mid-50s, introducing MGM's w’izardry to another generation. Last Saturday, more than 40 years after the film was made, 450 people came from all over the country to the Variety Arts Center to celebrate the making of The Wizard of Oz.
Mervyn LeRoy, maintaining the corporate image of MGM's film factory, seemed a little befuddled that so many people would remember the film.
To him, the Wizard of Oz was one of several films he made.
In one of Hollywood's banner years, 1939, he found it remarkable that The Wizard of Oz was not forgotten under the mountain of other great films from that year.
WTien someone from the audience stood up and proclaimed The Wizard of Oz to be the best film he thought was ever made, LeRoy acknowledged the praise.
"You don't want a job do you?," he asked.
LeRoy also said despite the unique special effects used in The Wizard of Oz, the script adapted from Frank Baum's book really "made the picture what it was." Despite a failing memory he recalled several problems during its production.
"We couldn't even get the yellow brick road the right color! They'd give us blue and green. Finally I just told them to go to the drug store and buy a can of cheap, yellow fence paint," LeRoy said.
However diabolical flying monkeys, tornado-swept farmhouses or thrown fireballs looked on the screen, one of LeRoy's special effects almost destroyed the wicked witch in the traditional way
Endowment returns follow trend
By Brandon Bailey
Staff Writer
Total returns on university endowments have decreased in the last two years, following a decreasing trend among universities nationwide and in national stock and bond markets.
While the university's total return for fiscal 1977 was twice the national average for educational institutions, it dropped back in line w'ith the average for fiscal 1978.
The university's total return on invested endowment funds was 10.8% in fiscal 1977, but dropped
to 2% in fiscal 1978.
However, the "total return" is only an indicator of investment performance that does not necessarily affect actual income, said Peter Cheung, assistant university treasurer.
The "total return" indicates the realized investment income and the appreciation or depreciation of investment holdings. The appreciation or depreciation is not a realized gain or loss unless the investment is sold.
Income from investing the university's endowment will contribute slightly over 1% to
next year's operating budget. This contribution of $1.56 million is predicted to remain the same in the university's five-year budget forecast, based on past records.
A study by the National Association of College and University Business Officers (NACUBO) shows the average total return for endowment funds operated by 144 institutions was 2.49% in fiscal 1978. The study showed the average total return for fiscal 1977 to be 5.07%.
Generally, the decreasing
(cotitinutd on page 5)
witches are destroyed.
At the end of the "Ding-dong-the-witch-is-dead" sequence, Margaret Hamilton, who played the witch, was supposed to stand on a mark on the stage that was the top of an elevator and would drop below' the stage when the witch "disappeared."
"Well I got on the mark and the smoke and fire came shooting up from the stage and I dropped quickly (below the stage)." *
But on the descent, she felt "a great deal of heat."
As it turned out, her hat and broom had caught fire and the hat began melting some of her makeup into her skin.
(continued on page 2)
trojan
University of Southern California Tuesday, May 15, 1979
Volume LXXV1,Number 60